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The paper empirically investigates the issue of macroeconomic convergence in the West Africa Monetary Zone (WAMZ) using monthly data from 1990:01 to 2010:05 as part of the ongoing discussion on the single currency for West Africa, The ECO initiative. The study specifically examines exchange and...
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Purpose - This paper makes an analysis of trade in the WAMZ as well as the WAMZ's trade with other countries in West Africa, Europe and Asia based on the Optimal Currency Area (OCA) theory. This theory first proposed by Mundell (1961) as a basis for evaluating whether or not an area constitutes...
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